Permira has agreed to sell fraud prevention software provider BioCatch to Visa in an all-cash transaction valuing the business at approximately $2.4bn, marking the private equity firm’s fifth strategic exit of 2026.
The transaction brings to a close a three-year investment during which the Permira funds significantly expanded BioCatch’s global footprint and accelerated the company’s product development in behavioural intelligence and AI-powered fraud detection.
Permira initially invested in BioC...
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